Richardson Electronics (NASDAQ: RELL) director plans new sale after over $185K in recent stock sales
Rhea-AI Filing Summary
RICHARDSON ELECTRONICS, LTD. (RELL) is the issuer of common stock for which director James Benham has filed a Rule 144 notice. The notice covers a proposed sale of 3,020 shares of common stock held at Fidelity Brokerage Services LLC, with an indicated value of $57,410.20 as of August 19, 2026 on NASDAQ. The shares derive from a July 20, 2026 stock award granted as compensation by the issuer. The filing also lists prior sales in the last three months of 164 shares for $3,092.82 on July 29, 2026 and 9,836 shares for $181,929.30 on August 3, 2026.
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Key Figures
Shares to be sold: 3,020 shares
Aggregate market value of shares to be sold: $57,410.20
Stock award date: 07/20/2026
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7 metrics
Shares to be sold
3,020 shares
Common stock covered by the Rule 144 notice
Aggregate market value of shares to be sold
$57,410.20
Value associated with 3,020 shares as of August 19, 2026
Stock award date
07/20/2026
Award date for 3,020 compensation shares from issuer
Shares sold on July 29, 2026
164 shares
Past 3 months sales of Richardson Electronics common stock
Proceeds on July 29, 2026 sale
$3,092.82
Aggregate sale price for 164 shares
Shares sold on August 3, 2026
9,836 shares
Past 3 months sales of Richardson Electronics common stock
Proceeds on August 3, 2026 sale
$181,929.30
Aggregate sale price for 9,836 shares
Key Terms
Rule 144, stock award, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock award financial
"Common | 07/20/2026 | Stock Award | Issuer"
attorney-in-fact regulatory
"as attorney-in-fact for James Benham"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing mean for RELL and James Benham?
The Form 144 shows director James Benham has notified of intent to sell 3,020 RELL shares under Rule 144. It also discloses two prior sales totaling 10,000 shares over the past three months, with reported aggregate proceeds above $185,000.
AI-generated analysis. How Rhea-AI works. Not financial advice.